Front Office Sports’ Post

Colorado head coach Deion Sanders was asked what he would change about college football. His answer: "Financial literacy classes should be mandatory so these kids understand how to manage their money." (🎥 via DNVR)

Pat Hopkins

Vermont Guy | Coffee Obsessor | Cycling Nerd

5d

Let's make that a High School course. Imagine the number of kids who would have avoided the oceans of student debt they are swimming in if they had understood basic terms and their long-term impacts.

Reggie Goff

Experienced, Results-Driven Retail Leader With History of Driving Stores to Top-Tier Rankings & Customer Satisfaction, While Being An Expert At Training and Team Building

5d

Financial literacy should start in high school and more detailed, as well as more nuanced, as these young men matriculate to college. But I do love how the sport has not put the student athlete in charge of his own fate. As a former college athlete, I can only imagine how much more freedom the new guys have to navigate and create their own path than we did. And that was less than 15 years ago. I personally think most, not all, of these student athletes love the consequences of deciding to chase money or chase opportunities to bet on yourself and work towards a bigger payday further down the road.

Jimmy Comerota

Director Corporate Partnerships at Houston Astros

5d

For what it’s worth, Colorado Athletics and most other schools, does have a financial literacy program. I’m not sure they can make anything mandatory anymore because every time they create a rule it leads to a lawsuit. But, resources are there for the kids even though this bite sounds like there isn’t. https://cubuffs.com/sports/2021/7/1/buffs-with-a-brand

Ryan Grant

Marketing & Entreprenuership

5d

This and more regulation for NIL/Transfer deals. The game has gone from who develops/recruits the best to who has the most money to spend. I’m for players making money and understand it’s a business, but season after season players just turn into a free agency auction and development/community feel is lost.

Scott F. Young, CFP®CPWA®

Senior Vice President at UBS Financial Services Inc.

5d

SPOT ON!

Melinda Roth

Law Professor: Teach Corporations, Corporate Finance & Sports Law

5d

I teach Sports Law and also Corporate Finance (and also Corporations) and too many JDs also need financial literacy help. My colleague and I have done a number of informal seminars for our law school students to help them learn how to invest, manage their money/debt and have a better comfort level with finance.

Bill Krueper

🔹 Performance Excellence 🔹 Founder, Vets2Refs 501C3 🔹 “Settled On The Field” Host 🔹 Veteran

5d

University of Colorado Boulder could pay anyone on this app to fly out and hold this course for the whole team, for the whole athletic department, for far less than a scorboard upgrade.

Roger Balser

Helping biz owners kick financial stress to the curb. Not everyone's cup of tea but someone's perfect pour!

5d

I'll teach them for free!

Kyana Lance, MBA

Photojournalist at WPVI-TV | Post & Pre-Production, Communication, Camera Operation, Journalism

5d

In addition to speech communication classes. Therefore, these young men and women can know how to speak on camera/ to the media and not feel intimidated or uncomfortable and know how to address soft and hard questions. Most athletes hate the media but when you are highly perceived as good or great. It comes with the territory. Which, often leads to large endorsement and/or contract deals (financial literacy). So, both go hand and hand.

Tim Sweeney

Giving brands personality. Formerly Salomon (🇫🇷), Callaway (🇺🇸🇦🇺), Mullen Advertising & Skiing Magazine. Open to full-time & project work in Brand Storytelling, Content Development, Marketing and Communications.

5d

Start that in high school and make sure avoiding credit card debt is lesson 1.

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